GoCardless has raised $7 million in Series B funding led by Balderton Capital. Existing investors Accel Partners and Passion Capital also participated in the funding round. GoCardless is a payments platform simplifying online direct debit.
3 min read · 28 January 2014
Jamieson Laboratories is being sold to CCMP Capital Advisors. The deal is expected to close January 31, 2014. Canadian Jamieson is a provider of vitamins, minerals and nutrition supplements.
3 min read · 28 January 2014
Stamford, Conn.-based Olympus Partners' portfolio company Homax Products has sold its cleaning products division to Weiman Products. Olympus acquired Homax in 2004. Weiman Products is a portfolio company of New York-based Cortec Group.
2 min read · 28 January 2014
Medigene has acquired the Munich-based company, Trianta Immunotherapies, a spin-off of the Helmholtz Zentrum München. Trianta is developing three highly innovative and complementary immunotherapy platforms with programs in clinical development to treat various tumour types.
7 min read · 28 January 2014
This morning get the latest on Carlyle's Japanese fundraising, KKR circling HolidayAutos, CalPERS highest climbing PE distributions and what funds are doing best for NJ pension.
1 min read · 28 January 2014
The 2008 vintage Silver Lake Credit Fund LP jumped the highest in terms of distributions for the California Public Employees’ Retirement System buyout fund portfolio, according to performance data for the period from June 2012 to June 2013. This scorecard looked at a selection of some 210 buyout-related vehicles ranging in vintage from 1991 to 2012.
1 min read · 27 January 2014
Imprint Capital Advisors, the Latin American Private Equity & Venture Capital Association, Neuberger Berman and Sands Capital Ventures are the firms on the lookout for new hires in this week’s jobs update.
1 min read · 27 January 2014
LiveOps has acquired UserEvents and its flagship product CxEngage, a contextual routing engine that can aggregate and process events on any social, web, mobile or voice channel in real time. This follows LiveOps’ announcement of $30 million in debt funding, as well as the formation of two separate LiveOps corporate entities.
4 min read · 27 January 2014
Warburg Pincus has appointed Peter Kukielski as an executive-in-residence. Kukielski will work with Warburg Pincus to identify and evaluate investment opportunities in the mining industry globally with a view to forming a new mining company.
3 min read · 27 January 2014
21st Century Fox is to acquire a majority stake in the Yankees Entertainment and Sports Network (YES Network). This provides an exit for Providence Equity which is securing an approximately 4.5x gross multiple and a 26% IRR on the investment.
3 min read · 27 January 2014
